Follow Lakeba business model

THE Lakeba business model is helping small to medium enterprises (SMEs) in Australia to accelerate their growth and financial institutions and PNG should replicate their business ideas and help our struggling small business. Lakeba is the only venture catalyst firm helping Australian SMEs achieve high-growth for industries covering architecture, construction, e-commerce, energy, financial services, fintech, gaming, health, retail and technology amongst other sectors.Lakeba’s fast growth stems from fabricating several businesses under one roof using centralised resources for conceiving, creating and commercialising 15 (currently) digital ventures. Lakeba’s artificial intelligence determines the frictions that cripple business and society, particularly the ones that can be solved with technology. The business and technology teams at Lakeba then engineer the start-ups that fix these problems.These businesses then evolve into scale-ups through Lakeba’s partnerships and commercial teams co-creating and collaborating with sector leaders, including EY, Microsoft, Mirvac, NewsCorp and Stockland among others.PNG’s commercial banks, Nasfund, Nambawan Super and other finance companies should combine forces and design a similar business system.

John Samar